Business

Facebook is to change how its news feed works, making posts from businesses, brands and media less prominent.

Oil Giant Exxon Mobil is set to begin oil exploration in Ghana soon officials in the West African country have confirmed. A petroleum agreement to paveway for the exploration is expected to be signed by the firm with the Ghanaian government and the Ghana National Petroleum Commission in Ghana in the coming days.

Kenya Airways has announced that it will from October this year begin daily direct flights to the United States to boost its annual revenue.

The Namibian government has said that importation of all perishable food, fish, fruits, unprocessed food and water from its neighbouring country Zambia would be halted for now due to the cholera outbreak.

In Ghana a restaurant that serves largely entrepreneurs and business owners has opened in the country’s capital Accra, and only organic beverages and food are served customers who usually sit to talk business.

MTN and Ericsson have announced the first 5G technology and applications trial in Africa, which is part of a 5G demonstration starting in the first quarter of 2018.

Mobile phones are among some 900 products Algeria has temporarily banned from being import into the northern African country.

Rwanda is often touted as an example of what African states could achieve if only they were better governed. Out of the ashes of a horrific genocide, President Paul Kagame has resuscitated the economy, curtailed corruption and maintained political stability.

Samsung Electronics expects to deliver record profits for the last three months of 2017, but the estimate missed analyst expectations.

Five banks in Tanzania have had their licenses revoked by the country’s central bank for having inadequate operational capital.